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11 September 2024 | 6 replies
Although your reviews won't convey, the buyer can have some peace of mind that with future revenue that the first couple of months mortgage are covered while they make adjustments, build up some reviews and work out any nuances they need to.
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10 September 2024 | 1 reply
Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.
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10 September 2024 | 8 replies
Aloha,While associated fans may be multi-speed, the actual "cooling" mechanism- compressor, evaporator, condenser, coolant lines and controls, are not.
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11 September 2024 | 13 replies
Even retirees get a yearly adjustment to pensions and social security to account compensate for rising prices. 2.
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9 September 2024 | 8 replies
The maximum special allowance of $25,000 ($12,500 for married individuals filing separate returns and living apart at all times during the year) is reduced by 50% of the amount of your modified adjusted gross income that’s more than $100,000 ($50,000 if you’re married filing separately).
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10 September 2024 | 1 reply
You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.
11 September 2024 | 9 replies
Lowering your mortgage payment could offset the rise in taxes and insurance.Lease Adjustments→ Offer longer lease terms: Longer leases (e.g., 2-year terms) can create more stability, and some tenants might be willing to agree to a small increase in rent in exchange for locking in rates.
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9 September 2024 | 12 replies
I don't think it really matters what you record in QB if you need this for taxable income purposes, your accountant is going to make whatever adjustments they need to make anyway.The only depreciation tracker I use is the fixed asset schedule my accountant provides with my tax return.
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13 September 2024 | 20 replies
You need to be inflation-adjusted, every 12-15 years it needs to be 40-50% more.If you're 40, and want to retire at 55.
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9 September 2024 | 3 replies
Is a single family home valuation altered or adjusted if its operated as an STR?